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Legal & General Dynamic Bond Fund (I) - Inc

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  • Dividend History
Fund Provider Legal & General(Unit Trust Managers)Ltd
Fund Summary To achieve growth of capital and provide income by investing principally in a range of fixed and variable rate income securities. The Fund may invest in investment grade and sub investment grade fixed income securities with a credit rating from a recognised credit rating service or which are listed or traded in an OECD Country. The Fund will have a net exposure of at least 80% to Sterling. The Fund may also use a variety of derivative transactions for both investment purposes and efficient portfolio management. Where considered in the interests of investors, derivatives may be used to synthetically alter the characteristic of the fixed income securities, such as to protect against credit and duration risk. The types of derivatives used include credit default swaps, interest rate swaps, foreign exchange and other Over the Counter (OTC) instruments as well as exchange traded instruments including futures and options. The use of derivatives for these purposes may be extensive and may affect the volatility or risk profile of the Fund although this is not the intention. The Fund may also invest in transferable securities, such as equities, asset and mortgage backed securities and loans; regulated collective investment schemes; money market instruments; cash; near cash and deposits. The collective investment schemes in which the Fund may invest in may include schemes which are managed or operated by, or whose authorised corporate director is, the Manager or one of its associates.
SEDOL code B1TWMY1
ISIN GB00B1TWMY10
Fund code LGDII
Managers Colin Reedie
Manager Tenure 2 years
Morningstar Category Global Flexible Bond - GBP Hedged
IMA Sector £ Strategic Bond
Fund Size £208 million
Fund Type OEIC
Management Style Active
Ongoing Charge Figure (OCF) 0.63%
Cavendish ongoing charge 0.05%
FundsNetwork Service Fee 0.20%
Minimum Initial Investment £25
Minimum Top Up £25
Minimum Monthly Investment £25
Sell Price £0.4997
Buy Price £0.5109
Price Date 2nd April 2020
Yield 4.20%
Dividend Frequency Quarterly
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 9th July 2018
Fund Status OPEN
Colin Reedie, Co-Head of Global Fixed Income is co-managing the Dynamic Bond Fund alongside Julien Houdain, Senior Portfolio Manager in the Global Bond Strategies team while Omar Saeed, Senior Macro Credit Fund Manager is on leave. Colin has responsibility for the London based fixed income team as well as overall portfolio management responsibilities for Global Credit strategies. He joined LGIM in 2005 from Henderson Global Investors. Julien is responsible for global credit and absolute return mandates. He joined LGIM in September 2007 from Fortis Investments.

3-year Mean Monthly Return: -0.052%

Annual Returns 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund Performance -3.40% -0.53% +1.41% -0.82% -1.24% +2.71% +5.92% +10.58% +0.31% +4.20%
Benchmark Performance
(Global Flexible Bond - GBP Hedged)
+1.13% +1.96% +6.41% -1.17%
Time Period Cumulative Benchmark Performance
(Global Flexible Bond - GBP Hedged)
Fund Compared to Benchmark
1 day 0.77% -6.50% +7.26%
1 week 3.44% -7.43% +10.87%
1 month -8.66% -6.53% -2.13%
3 months -6.60% -5.90% -0.70%
6 months -5.06% -2.73% -2.32%
1 year -1.87% +0.10% -1.97%
3 years -0.36% +1.18% -1.54%
5 years -0.66% +3.58% -4.24%
10 years 1.99% +4.10% -2.11%
YTD -6.46% +1.72% -8.19%
Since inception 4.86% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
United Kingdom of Great Britain and Northern Ireland 0% GBR 7.21%
United States Treasury Bonds 1.02% USA 4.60%
Sweden (Kingdom Of) 3.5% SWE 1.90%
S&P 500 Put Mar20 USA 1.57%
Option on S&P 500 PR Mar20 USA 1.56%
ArcelorMittal S.A. 1.75% LUX 1.35%
Kenya (Republic of) 6.88% KEN 1.20%
EMPRESA ELECTRICA ANGAMO S A 4.88% CHL 1.20%
Kernel Hldg Sa 8.75% LUX 1.20%
Power Finance Corp Ltd. 3.75% IND 1.17%
Dividend Date Per share amount Reinvestment Price
6th March 2020 0.0074 £0.5519
6th December 2019 0.0048 £0.5364
6th September 2019 0.0044 £0.5377
6th June 2019 0.0071 £0.5291
6th March 2019 0.0065 £0.5289
6th December 2018 0.0123 £0.5163